Kiwibank migrates to Postilion payments platform

Kiwibank has migrated from an in-house transaction processing system to the open systems based Postilion platform.

Postilion is a provider of payments software solutions and a division of S1 Corporation, a US-based provider of customer interaction software solutions for financial and payment services.

The bank is using a range of Postilion solutions for all of its electronic fund transfer needs, including the Postilion solution for ATM owners and the Postilion solution for merchant acquirers. The Postilion payments platform is now driving Kiwibank's deployment of approximately 300 ATMs and processing transactions from both its cardholders and those from other banks' customers.

Murray Soon, ATM channel manager at Kiwibank, said: "We had tight project timelines and were extremely impressed with the support the Postilion team gave us to ensure this significant project was delivered on schedule."

Francois van Schoor, president of payments at Postilion, said: "We believe that Kiwibank's choice of Postilion confirms their maturity within the Australasian payments industry. They join a growing number of businesses located across Asia who are using our solutions and benefiting from improved service for their customers and offering the opportunity for competitive differentiation."

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